Government spending in Faroe Islands was last recorded at 54.0 percent of GDP in 2024 . Government Spending to GDP in Faroe Islands averaged 56.73 percent of GDP from 1998 until 2024, reaching an all time high of 63.90 percent of GDP in 2009 and a record low of 49.90 percent of GDP in 2016. source: Statistics Faroe Islands



Related Last Previous Unit Reference
Fiscal Expenditure 15078.80 14248.70 DKK Million Dec 2024
Government Budget -0.80 -0.20 percent of GDP Dec 2024
Government Budget Value -224.10 -44.10 DKK Million Dec 2024
Government Revenues 14842.90 14204.60 DKK Million Dec 2024
Government Spending to GDP 54.00 52.40 percent of GDP Dec 2024


Faroe Islands Government Spending To GDP
Actual Previous Highest Lowest Dates Unit Frequency
54.00 52.40 63.90 49.90 1998 - 2024 percent of GDP Yearly